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John Pereira is back and says the time is right for his $50m India Fund

Sally RoseFinancial services reporter
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John Pereira is adamant his new India Fund will not succumb to the same fate as its predecessor, which was shut down in 2007 by some of the same hedge fund players who rolled the AMP China Growth Fund last week.

An initial public offer opened on Monday to raise up to $50 million for the new India Fund Ltd, with an ASX-listing pencilled in for August 31.

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Sally Rose previously covered superannuation, financial services and business Connect with Sally on Twitter.
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    Original URL: https://www.afr.com/companies/financial-services/john-pereira-is-back-and-says-the-time-is-right-for-his-50m-india-fund-20160801-gqi45r